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Access Tax - TRT.442903 Build to rent capital works deduction must be provided in Access Tax

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In the Trust return, you may see the error TRT.442903 Build to rent capital works deductions at 4 percent amount must be provided.

Enter a valid amount of zero dollars or more in the Build to Rent Capital Works Deductions at 4 percent field at Item 9Y if any of the following apply.

  • Capital Works Deductions is $250,000 or more at Item 9X in main form.

  • The Business Entity Industry Code shows a residential property-related industry, at Item 1 in the main form.

  • The Managed Investment Trust (MIT) type is code B on the Front Cover.

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